The Future of Ecommerce

The Future of EcommerceHow small and medium-sized businesses can survive and win in a world that always wants more

There was a time not long ago when you could walk to your neighborhood store to buy toilet paper. A bell would ring as you walked through the door, and you could expected a greeting from the store owner. You knew exactly what you needed and where it was located—it was all familiar. The owner, also the cashier, always remembered you. You would hand over your cash and, in return, there would be a receipt from a mechanical register printed and handed over. The entire experience was personal, simple, and convenient.

Selling Without Boundaries
Today, commerce looks much different. Walking to a store is no longer the most obvious choice. Consumers want the toilet paper on their doorstep without leaving the comfort of their couch and without paying a single penny more for it. From now on, there is no #omnichannel, #multichannel, or #ecommerce. It's all just COMMERCE. Here's how SMBs can adjust. #Unify @ParagMamnani Click To TweetThe neighborhood store from the 1970s and 80s—which was transformed into a mall in the 90s—has since been consolidated into a global marketplace accessible on a 5×3-inch screen. Now commerce consists of

  • online marketplaces—Amazon, Jet, eBay, Rakuten, Alibaba, Etsy
  • tablet POS systems – Square, Lightspeed
  • social shopping—Instagram, Facebook
  • virtual reality—Alibaba and many others in development
  • digital wallets—Apple Pay, Amazon Pay, PayPal
  • voice-controlled devices—Alexa, Siri, Google
  • same-day delivery—Amazon, Google Shopping

In an instant, customers can see reviews, compare prices, check availability, customize orders, personalize products, and buy it all from stores located anywhere in the world with just a tap on their device. Continue reading

Emerging Tech Trends in Accounting

Emerging Tech Trends in AccountingWritten by Jim Walsh, Chief Information Officer, Right Networks

As reviewed through time, this is likely to be a fascinating milestone in the evolution of accounting technology and its impact on business. Many working professionals can still remember when technology was burgeoning. From the perspective of accountancy, paper ledgers gave way to spreadsheet applications. CPAs and accounting professionals passed files back and forth from shared drives or emailed them to peers and clients. Then those spreadsheets got more advanced – they were shared in content management systems or stored in the cloud and worked on by multiple people simultaneously. And now applications are becoming transformative in their ability to draw conclusions and anticipate trends based on the information that was once handwritten in books that wouldn’t even fit inside a backpack.Read about emerging #tech #trends in #accounting, by @RightNetworks #Unify #Cloud Click To Tweet

The accounting industry isn’t exempt or unique in the fact that it’s being impacted by a rush of technology advances. Thinking about all of the different ways that technology could impact any industry is as dizzying as it is speculative. It’s likely that we haven’t fully anticipated the ways that conditions and processes will merge to allow for new things. So how can a CPA firm or accounting professional prepare for a future where technology presents an unknown? Continue reading